Quote from @Katie Camargo: I am under contract on a home that I plan to rent out- numbers look solid, but I just learned that it's in flood zone A.

The last thing you want to do is put a deal in a contract pay money for inspection and get an appraisal when you could have just ruled it out from the start with that.

Make sure if you go into a contract (no option period), you require a substantial earnest money.

If it was me and I wanted to operate in a big way in PA I would be running billboards and ads big time:" Are you in a wholesaler contract want to make more money Call me "  I will beat anyones best deal ..

I have a property under contract and need to know could I get an extension with HUD if I’m an investor?

Really puts into perspective my strategy given my current situation.I will continue to accumulate capitol and work on my skills/knowledge for when i will embark on my rental real estate journey whether it be here (if i stay longer than anticipated) or when I come back to the US once my contract is completed. 

If anyone does have a property in the area, I’d like to connect, I have a seller financing deal currently under contract which I will have to terminate cause I didn’t do the due diligence on the actual section 8 FMR. 5k burned.

I believe that within three years, rates will be much lower, and you can refinance.Another consideration is that once you get a property under contract, you should immediately shop around for better rates.

One more I can add is the note investor who thought that holding the note gave him the right to determine how the subject property was managed, with approval of tenants, leases, and maintenance contracts.  

Even wholesaling or flipping requires contracts, and you're not old enough to sign.There are a lot of young people looking to start, and it would be nice to hear more of your story and how they could follow your process.